CLE 0.00% 0.1¢ cyclone metals limited

Well I'm out.I gave the management over a year to match actions...

  1. 101 Posts.
    Well I'm out.

    I gave the management over a year to match actions with words and in my opinion they have failed.

    Yes they have made a number of purchases of distressed assets.

    But they have not done the following (as they said they would):
    Sold Lady Annie - should have kept it simple and allowed Aussie brokers to do the whole thing. Blaming the market conditions at the time was a cop out

    Paid a dividend

    Made any serious negotiations/sales of Marampa

    The sales of all the minor shareholdings returned very little


    Good luck to all holders, may the big pay day come one day. I just can't see it happening soon.

 
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